WASHINGTON— At the IMF-World Bank Annual meetings in Tokyo, the UK Department for International Development (DFID) signed a Memorandum of Understanding (MoU) with the World Bank Integrity Vice Presidency. Both... Show More + organizations agreed to share information and undertake joint or parallel investigations to prevent, detect, disrupt and substantiate fraud and corruption in development projects where both the United Kingdom and the World Bank Group have joint interests."The World Bank’s partnership with a major development player such as DFID will expand our existing cooperation in financing projects to mitigating the risks of fraud and corruption. One area where we have demonstrated significant success is joint forensic audits that helped identify, quantify and confront such risks in several projects," said Leonard McCarthy, World Bank Integrity Vice President. “This MoU is a critical step in advancing our collective efforts to protect taxpayers money and ensure it i Show Less -